Growth is oxygen. But when it evaporates, the consequences can be severe - ask anyone who bought Cisco in the Dot-Com Bubble or newer investors who lived thr...
September can be a tough month for stocks, but for AI investors looking at Micron and Nvidia, this may be a better time to check the fundamentals than to panic over the calendar.
Despite China's memory chip advances and recent stock declines, Micron and Western Digital have capacity sold out for years under binding contracts, insulating margins from near-term competition.
The memory maker's guidance calls for more revenue in one quarter than it generated in any full year of its history. The stock trades as if the boom won't last.
